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2025-07-11 02:41:58| The Economic Times

Tata Consultancy Services missed analyst expectations for the June quarter. This was due to the BSNL deal ending. Net profit grew, helped by a one-time gain. Project ramp-ups faced delays. New deal wins increased to $9.4 billion. Headcount rose, but attrition also increased. Revenue fell slightly. Net profit increased due to one-time income.

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2025-07-11 02:31:52| The Economic Times

State Bank of India anticipates lackluster Q1 results due to margin dips and slow loan growth, while HDFC Bank projects a profit increase driven by core operating income. Overall, banks face challenges like muted loan growth and margin compression. Strong treasury gains may offer some cushion amidst weak earnings and rising pressure on margins across the sector.

Category: News and Media

2025-07-11 02:05:05| The Economic Times

Defence stocks experienced a downturn on Thursday, with the Nifty India Defence Index falling 2%, driven by profit booking and easing geopolitical tensions. Investors reassessed high valuations following a significant rally in the past three months. Bharat Dynamics led the decline after Motilal Oswal initiated coverage with a 'neutral' rating, citing fair valuation.

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11.07 Meta Infotech shares list at 40% premium over IPO price on BSE SME platform 11.07 Friday Watch 11.07 Nifty 50 companies grew only 3.5% last quarter, next 450 companies grew over 20%: Alok Agarwal 11.07 Positive Breakout: These 9 stocks cross above their 200 DMAs 11.07 Trump threatens 35% tariffs on Canadian goods 11.07 S&P 500, Nasdaq rise to record highs boosted by Nvidia record valuation, strong Delta forecast 11.07 Income Tax department mulls probe into Jane Street after SEBI allegations of market manipulation 11.07 Can TCS overcome short-term challenges to achieve its FY-26 growth targets? More »